Yep, that's another way. New soil in a larger pot and the plants will love you. The roots will eagerly go out the holes for food. No removal from the former pot.
That's the trade off with fabric pots, they eliminate the circling roots, but dry out fast. I'm fortunate enough to have the room to eliminate them and just plant in the ground. I'm also fortunate enough to have good soil, without amending much, just compost. I do use Sea Grow, though.